In February 2024, GA cost was $0.64 billion. This is a 25% decrease from January 2024 GA of $0.51 billion.
If we compare February 2024 with February 2023, it had a 22% decrease (it was $0.825 billion).
The Class B February rate was $66.32/MWh ($0.066/kWh)
The Average HOEP for February was $43.3/MWh ($0.043/kWh)
With these drastic monthly swings in cost, Energy@Work continues to ask “why?”.
We provide a monthly review of GAM costs, however, the reason for the vast cost fluctuation remains a mistery.
Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.